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March 28, 2023
Question

Are there any advantages to having a separate business credit card for business expenses vs using a personal one?

  • March 28, 2023
  • 1 reply
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I'm considering getting a specific business credit card (tied to my LLC) for related business expenses.  Wondering if there are any advantages to doing so vs continuing to use my personal card?

1 reply

CatinaT1
March 28, 2023

You do not want to comingle funds between business and personal accounts. I recommend you have a separate business credit card only used for business. It can be a personal credit card you designate to use only for business purposes. It also makes it easier to track your expenses if you have a card you only use for business purposes.

 

When you comingle your business and personal income and/or expenses, you risk the liability protection that your LLC offers.

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